Split Company produces three products X, Y, and Z from a joint process....
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Accounting
Split Company produces three products X, Y, and Z from a joint process. Each product may be sold at the split-off point or processed further. Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products involved. Last year all three products were processed beyond split-off. Joint production costs for the year were $144,000. Sales values and costs needed to evaluate Split's production policy follow.
Product
Units Produced
Sales Value at Split Off
If Processed Further
Sales Value
Additional Costs
x
34,000
$ 46,000
$ 110,000
$ 7,200
y
5,000
33,000
58,000
15,000
z
11,000
40,000
54,000
19,500
The amount of joint costs allocated to product Z using the physical measure method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar):
Multiple Choice
$31,680.
$10,400.
$14,400.
$46,080.
$97,920.
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